Latest Government It News

MCS Services Limited reported a $644k cash outflow from operations in Q1 2025 while lodging multiple traffic management tenders and exploring growth strategies. The company continues to consider selling its Traffic Business subsidiary, Highways Traffic Pty Ltd.

Strata Minerals has resumed diamond drilling at its Penny South Gold Project targeting extensions of known mineralisation and secured an option to acquire the Zelica Gold Project, enhancing its Western Australian portfolio.

Cann Group Limited has executed a transformative debt restructure, reducing its $70 million debt by 81% and raising $9 million in fresh capital, setting the stage for a positive EBITDA turnaround in FY26.

Talius Group has raised $4 million in a recent placement, expanding its subscription base and preparing to capitalize on new aged care legislation set to take effect in November 2025.

Northern Minerals Limited (ASX – NTU) has launched a $60.5 million equity placement to fund the development of its Browns Range Heavy Rare Earths Project in Western Australia, supported by strategic partnerships and conditional debt backing from Australian and US government agencies.

Northern Minerals has raised $60.5 million through a heavily oversubscribed placement to advance its Browns Range Heavy Rare Earths Project, positioning itself as a key supplier of critical minerals essential for clean energy and defense technologies.

Proteomics International Laboratories has secured ISO 15189 certification and launched PromarkerD and PromarkerEso nationally in Australia, while advancing US reimbursement pathways and preparing for leadership transition.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

BPH Global has inked a two-year commercial framework agreement with the Maluku provincial government entity to secure a steady seaweed supply and collaborate on a bio-stimulant manufacturing facility, boosting its footprint in Indonesia’s premium seaweed market.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

Firebird Metals has appointed industry veteran Ron Mitchell as CEO, signaling a strategic push in lithium and manganese battery materials development. The leadership reshuffle also sees Evan Cranston become Executive Chairman, while Peter Allen transitions to a consulting role.

American West Metals has launched a targeted field program at its West Desert Project in Utah, focusing on resampling historical drill core for indium and gallium ahead of a new drilling campaign. The project already hosts the largest indium resource in the US with significant expansion potential.